On January 20, Donald Trump resigned from office and signed a number of relevant executive orders that sparked dramatic changes to the environment and fresh energy regulations.
A “national power emergency” was declared in one purchase. Another article, titled” Unleashing American energy,” blamed “burdensome and ideologically motivated rules” for restricting “reliable and affordable power,” which was primarily produced by coal, oil, and oil.
Trump even targeted wind power with an order that temporarily halted all national contracts and offshore grants, as promised.
Under the Joe Biden administration, oil and gas production in the US, the second-largest emission of greenhouse gases, really reached a peak. According to the US Energy Information Administration, common electricity prices in almost all US states were lower and more secure in 2024 than they were the previous month.
This was achieved in part because of lower natural gas prices, as well as lower costs for renewable energy in the network and novel battery storage capacities, which were both attributable to lower costs for renewable technology.
Trump’s buy also attacked clean energy shift policies for limiting” job creation,” despite the US renewable energy sector having roughly three times as many workers as the conventional fossil energy sector.
In the clear energy field, career growth increased by more than twice as much as it did by the” strong” overall US labor market in 2023.
Over 84 % of net new power generation tasks were now created in renewable energy technologies, including renewable panels, wind turbines, electricity, and thermal power systems, in the year before.
A “dagger through the center of religion that believes in climate change”
Lee Zeldin, the agency’s new head, made 31 regulation and financing rollbacks related to clean energy funding and climate protection this month.
In a video posted on the social media platform X, Zeldin stated,” We are living up to our claims to destroy American power, lower costs for Americans, and revive the American auto business.” He continued,” We are driving a knife through the heart of climate-change religion.”
Additionally, he made the announcement that the Biden administration’s$ 20 billion ( €18.3 billion ) grant program for clean power and climate change would be terminated under the Greenhouse Gas Reduction Fund, also known as the “green bank.”
Zeldin made the announcement that the EPA had frozen the money pending a assessment, highlighting “programmatic fraud, waste, and mistreatment.”
However, a US federal judge ruled on Tuesday that the EPA’s “vague and unfounded assertions of fraud are unsatisfactory.”
The judge ordered the company to stop awarding the agency’s$ 14 billion in natural grants to three climate groups after they sued the EPA and Zeldin on these grounds.
Tax money to pay huge climate damage
Trump’s withdrawal from the Paris Climate Agreement earlier this year sparked concerns that work to reduce global warming would be severely hampered by the nation’s inability to reduce pollution.
Additionally, this would cause significant expenses for Americans in the US and above. According to a report from business advisors, the Boston Consulting Group, this warming would “reduce cumulative economic output by 15 % to 34 %” by the end of the century if temperatures increased by 3 degrees Celsius by 2100, which is twice the 1.5-degree target set in Paris.
According to a recent report by the International Chamber of Commerce, climate-related extreme weather events have cost the world economy more than$ 2 trillion in the last ten years alone.
The widespread destruction and human-related climate change associated with the Los Angeles wildfires in January only resulted in house and capital damages worth up to$ 163 billion.
According to Boston Consulting, silence could be as much as 27 % of global GDP, which would be sufficient to end extreme poverty worldwide.
climatic changes cause work losses and economic collapse.
The Trump administration’s states that its weather reductions will increase economic growth are misleading, according to Corey Bradshaw, a teacher of global biodiversity at Flinders University in South Australia. He claimed that discrediting the natural production boom will only lead to job loss and economic collapse for American consumers.
Their income prospects will decline, he told DW, and their cost of living may increase.
The Clean Investment Monitor ( CIM ) report from 2024 shows that the sector has contributed more than half of the overall growth in US private investment since the 2022 Inflation Reduction Act ( IRA ), which tracks public and private funding of climate technologies in the US.
Manufacturing fresh energy and transport systems saw the biggest rise in the two years after the IRA was passed, totaling$ 89 billion in the two years that followed, which is more than four times the$ 22 billion invested in the two years that followed the Biden administration’s premier 2022 regulation to address climate change.
This clean electricity wealth has had a major impact on Republican states. Since 2022, nearly 60 % of jobs have been announced in the group’s congressional districts.
Since the IRA’s passage, Georgia has surpassed 43, 000 green jobs and invested more than$ 30 billion in renewable energy. Nationwide, more than 400, 000 new clean electricity jobs were created.
In more than 20 years, the US electricity grid had added more renewable energy capacity than any other source in more than 20 years.
Sylvia Levya Martinez, a thermal analyst for US energy consulting firm Wood Mackenzie, who co-authored a report outlining the record thermal uptake, cautioned that the boom may be immediately slowed down, yet.
She said in a statement that the record-breaking installation rate from last year was helped by several solar plans and credits under the Inflation Reduction Act, which helped spur involvement in the solar industry. The agency’s continued expansion may be greatly impacted if any of these policies were removed or drastically altered.
Trump’s culture protest should be suppressed in court, right?
However, David Bookbinder, chairman of law and policy at the Environmental Integrity Project, a pro-climate non-profit, thinks that attempts to end weather and climate protection may be hampered by litigation.
He claimed that the EPA could not reverse those rules without a long process, noting that during the second Trump administration, the EPA lost the majority of its anti-climate court cases as a result of the EPA’s failure to adhere to legal guidelines.
Corey Bradshaw warns, however, that any delay in imposing serious emissions reductions will quickly “retard any culture gains” even though Trump’s attempted weather rollbacks are “illogical” and volume to help” a dying fossil fuel industry.”
